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euro

A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy seeks to borrow 20 bln euros to prop up banking sector

20/12/2016(0)
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out ... Read More
asian markets

Dollar Extends Loss Amid Drone Concern, Oil Rises for Second Day

19/12/2016(0)
China seized U.S. drone in international waters in Asia Japan shares fall for first time in three days as yen gains The dollar retreated versus most major peers, as ... Read More
uk-euro-clearing-business

EU could strip the City of London of its euro clearing business

18/12/2016(0)
The European Union could once again try and strip the City of London of its euro clearing business, according to a Financial Times report. The FT reports that European ... Read More
A man walks past a currency exchange bureau advertisement showing an image of the U.S. dollar in Cairo

Dollar Climbs to Strongest Since 2003 on Fed Path; Bonds Drop

16/12/2016(0)
‘It feels like going long dollar is free money, no one loses’ Asian index futures diverge as yen drives haven-asset retreat The dollar rallied to its strongest level since ... Read More
A two Euro coin is pictured next to an English ten Pound note in an illustration

Pound to Euro Rate: Beware a Capitulation Lower

15/12/2016(0)
The British Pound is recovering from recent lows against the Euro thanks to some better-than-forecast employment and earnings data but we hear from one leading analysts that the GBP/EUR ... Read More
PF-pounds_1371619c

Pound to Euro: Bank of England in Focus in Week Ahead

12/12/2016(0)
The main event in the week ahead for GBP/EUR is the meeting of the Bank of England on Thursday. There is not expected to be any changes in policy ... Read More
A man walks past a currency exchange bureau advertisement showing an image of the U.S. dollar in Cairo

Dollar up on higher yields, euro hit by ECB’s ‘less for longer’ decision

09/12/2016(0)
The dollar rose broadly on Friday as U.S. bond yields rose, while the euro sank after the European Central Bank’s decision to extend its debt-buying program even as it ... Read More
A two Euro coin is pictured next to an English ten Pound note in an illustration

Euro edges higher, holds near 3-week high as focus shifts to ECB

08/12/2016(0)
The euro edged up and traded near a three-week high against the dollar on Thursday ahead of a European Central Bank policy decision, as the greenback lost momentum from ... Read More
A two Euro coin is pictured next to an English ten Pound note in an illustration

Euro steadies after short-covering rally, eyes on ECB and Italy

06/12/2016(0)
The euro steadied on Tuesday, having bounced from a near 21-month low set the previous day after Italian Prime Minister Matteo Renzi’s loss in a referendum over constitutional reform, ... Read More
italy-referendum

What to know now following Italy’s “NO” result and Renzi resignation

05/12/2016(0)
Italy’s Prime Minister Matteo Renzi has said he will officially resign Monday, after voters apparently rejected his proposals for constitutional reform. What should investors keep an eye out for ... Read More
Broker Cyprus TopFX